| __timestamp | Rhythm Pharmaceuticals, Inc. | Viridian Therapeutics, Inc. |
|---|---|---|
| Wednesday, January 1, 2014 | 5280000 | 293000 |
| Thursday, January 1, 2015 | 7148000 | 1002000 |
| Friday, January 1, 2016 | 19594000 | 888000 |
| Sunday, January 1, 2017 | 22894000 | 19623000 |
| Monday, January 1, 2018 | 50337000 | 30421000 |
| Tuesday, January 1, 2019 | 109450000 | 34794000 |
| Wednesday, January 1, 2020 | 90450000 | 28304000 |
| Friday, January 1, 2021 | 104128000 | 56886000 |
| Saturday, January 1, 2022 | 108630000 | 100894000 |
| Sunday, January 1, 2023 | 134951000 | 159765000 |
Unleashing insights
In the competitive world of biotechnology, investment in research and development (R&D) is crucial for staying ahead. Over the past decade, Rhythm Pharmaceuticals, Inc. and Viridian Therapeutics, Inc. have been at the forefront of this innovation race. From 2014 to 2023, Rhythm Pharmaceuticals consistently increased its R&D spending, peaking in 2023 with a 155% increase from its 2014 levels. Meanwhile, Viridian Therapeutics showed a remarkable surge, especially in recent years, culminating in a 2023 R&D expenditure that surpassed Rhythm's by approximately 18%.
This trend highlights the dynamic nature of biotech investments, where strategic R&D funding can lead to significant competitive advantages. As these companies continue to innovate, their financial commitments to R&D will likely play a pivotal role in shaping the future of medical breakthroughs.
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